I firmly believe that the Fed does not know what it's going to do, certainly not at this point, ... the big linchpin in this whole thing. |
I give him an A-plus. Job 1 was, 'Don't upset the market,' and he didn't do that. |
I had a low forecast for February simply because we had terrible weather, ... Yet, we still managed to have this kind of activity. So this is very encouraging for housing. Had it not been for the inclement weather, we would have had a stronger posting. |
I still don't think the tone has changed, ... I don't hear any hiring going on, and I don't hear any firings going on. |
I think for all intent and purposes, you really have to rule out a Fed rate hike on October 5, |
I think it's the beginning of a prolonged slowdown, but not a recession. |
I'm not at all convinced this recovery we're having is going to be as smooth as we've had in previous recoveries, |
I'm not at all convinced this recovery we're having is going to be as smooth as we've had in previous recoveries. |
If they didn't pause after Katrina, they are not going to pause in the next few months. |
Inflation is not a problem and generally isn't during periods of economic weakness, ... This is simply because producers cannot pass along increased prices. |
Inflation pressures are rising, but at a subdued pace. |
It's looking like this party we're all talking about has turned into a gala. |
It's not a subject that anyone can afford to fail. |
It's not all roses in the labor market. I think the worst is behind us, but we're more likely to have flat, or sideways, movements in job creation for the next year, year and a half. |
It's not just an oasis, |